| | | Bill, I love how the Walmart CEO avoided the question and pivoted toward how Walmart is doing its very best to keep prices low for consumers:
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STEPHANOPOULOS: How about President Trump’s tariffs? They’re contributing to higher costs across the board. I know you’re absorbing some of those costs, but how much will ultimately be passed on to consumers as they shop for holiday items?
FURNER: Well, George, as you know, we sell a really wide variety of products, and about two-thirds of what we sell is either made, grown, or assembled in the United States. Our merchants have done a nice job balancing things out.
This Thanksgiving basket is a great example of how we’re keeping prices down. Another thing we do at Walmart is our long-standing Rollbacks program, which we’ve had for decades. As we speak today, we have about 7,000 items on rollback, which is up about 1,000 from the beginning of the year.
So we’re really focused on ensuring that across categories—whether it’s opening price points or our better and best quality products—we’re delivering the prices people expect. We’ve got the Thanksgiving basket now, and in a few weeks, we’ll be talking about the upcoming holiday season.
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Pretty slick, if you asked me. He never disagreed with George's assertion that Trump's tariffs are contributing to higher costs. All he did was "rah rah" with that "two-thirds" factoid, as if products assembled in the U.S. are immune from the tariffs.
Then that statement about "rollbacks" reminded me of Walmart's commercials, where the floating happy face goes around dropping prices while customers and employees smile for the cameras.
Just goes to show me why Walmart continues to be at the top of retail, even in the face of online competition like Amazon. (And oh yeah, Walmart's online presence is not too shabby, either.)
So tell me, what was your point again? Turkeys are going to be cheaper at Walmart this year vs. 2019? Wow, that's great news! tRuMp wUz rItE aBoUt eVeRyThInG!
Swiftly Consumer Survey Reveals Rising Grocery Costs and Inflation Are Driving Voting Decisions for Nearly Half of Americans (Swiftly, October 10, 2025)
As the cost of living continues to rise, Americans are feeling the pinch in their wallets – especially at the grocery store. Swiftly’s annual True Cost of a Grocery Shop survey is out, revealing a concerning trend: 70% of consumers are struggling to afford their groceries. This marks the third year in a row that grocery affordability has been a significant challenge for households, despite a slight easing of interest rates. Tenchusatsu |
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